The World Wide Web is an ever-expanding community that delivers new possibilities to gain cash on the Internet. One of them is to become a domain name reseller and sell domain names to end clients, making revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each day, and there are millions of presently active domain names, so this is a developing marketing niche that you can be a part of.
TLDs and SLDs
A domain name consists of 2 pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most famous domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs consist of 2-character abbreviations that signify each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an institution that tackles the registrations and determines the requirements that each specific top-level domain name may entail, including the duration of the registration term or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the corporations that in fact sell the domain name to customers and manage all domain name records.
Earn Cash From Offering Domains
A lot of Registrars have reseller programs that allow individuals to gain profit from selling domains to end users. If you sign up for such a program, you can initiate your very own web business. As a rule, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The reason is that resellers can reach more customers in local communities or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Trade Domains On Behalf Of Your Very Own Personal Trademark Name
When you subscribe to a domain name reseller program, you will receive a site hosting Control Panel where you can settle the prices for the separate Top-Level Domains that the Registrar provides. Most corporations also provide invoice transaction software and website skins for your virtual storefront, and the automation of the whole process coupled with the significant demand for domain names make the domain reseller business niche so tempting. You will either receive a ready-to-use website and utilize the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your own personal online portal and order form. Traditionally, you have the opportunity to choose between the 2 options, so it all revolves around how practiced you are in these issues. As a domain reseller, you will work under your personal brand name and not on behalf of the Registrar's.
Make Cash From Supplying Site Hosting Packages As Well
A logical supplement to your domain name reseller business would be to sell web hosting services too. Thereby, you can offer a package deal to persons who wish to make their web page and require both a domain name and a web site hosting account. Certain companies have such options. With 'ResellersPanel', for example, you can have a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoicing transaction software to charge your clients. You can then sell top-level domain names and shared hosting plans to customers, and since they offer many different domain extensions, you will be able to provide domain name and hosting services to individuals from all around the world.